AMD, Lattice, Polycom, SanDisk, Synaptics: U.S. Equity Preview
Shares of the following companies may have unusual moves in U.S. trading on April 25. Stock symbols are in parentheses, and prices are as of 4:40 p.m. in New York.
Advanced Micro Devices Inc. (AMD) : The second-largest maker of processors for personal computers reported first- quarter profit that beat analysts’ predictions, citing demand for its new chips.
International Game Technology (IGT) rose 10 percent to $18. The world’s biggest maker of slot machines reported a second-quarter adjusted profit of 23 cents a share, topping the average analyst estimate by 2 cents.
Lattice Semiconductor Corp. (LSCC) rallied 6.8 percent to $6.75. The maker of programmable chips reported first-quarter revenue was $82.6 million, exceeding the average analyst estimate of $76.5 million.
Maxim Integrated Products Inc. (MXIM) : The maker of computer chips reported third-quarter adjusted earnings of 40 cents a share, missing the average analyst estimate by 2 cents.
Polycom Inc. (PLCM) climbed 6.9 percent to $55.50. The largest independent maker of videoconference systems said profit in the first quarter was 48 cents a share excluding some items, beating the 42-cent average estimate by analysts.
SanDisk Corp. (SNDK) fell 2.1 percent to $47.95. The maker of flash-memory cards said adjusted earnings in the first quarter were $1.03 a share, topping the 99-cent estimate by analysts on average.
Synaptics Inc. (SYNA) dropped 1 percent to $27.66. The maker of touch pads for digital music players and electronic devices forecast fourth-quarter sales to be no more than $146 million, below the average analyst estimate of $146.7 million.
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